USD 1,590,000

5445 Collins Ave
Miami Beach, Florida 33140

For Sale

Property Description

Great rental vacation business. Sale includes two story 2 bedroom 2.5 bathroom condo in the Castle Beach Club. No rental restrictions. This oceanfront property with direct ocean views is currently ranked #1 on VRBO/HomeAway out of over 8000 properties in Miami. Gross income has averaged $100,000 per year for the past 5 years. With strong increase in 2020 to $140,000. Projected income for 2021 is $160,000. This gorgeous condo has been tastefully renovated. Nolte Kitchen with high end appliances. Vetrazzo kitchen counters. Master bath is marble and Amazonia Quartz with Kohler 60" whirlpool/jacuzzi. Flooring throughout is Spatula-applied Dega Spatolato. The windows are all high impact glass. Spectacular ocean views throughout the unit. Just steps to the sandy beach.

Listed by Rent & Own Realty LLC

Property Details

ID #
A10992570
Status
Sale
Type
Business Opportunity, Commercial
Type of Business
Vacation rental property
Zip Code
33140
Year Built
1966
Building Feature
Air Conditioning
Water Source
City/mains water
Septic
City sewer
Construction
CBS Construction
Floor
Concrete Floors
Location
In Residential Area
Parking
Valet Parking
Storm Protection
Complete Impact Glass
Utilities
Internet
Zoning Information
4100

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